Exceptional Investment Opportunity in the Heart of New Rochelle!. Welcome to 304 Lockwood Ave, this income-producing property is located in this vibrant New Rochelle, one of Westchester County's fastest-growing cities. Calling all savvy investors with great vision-this fully tenant-occupied three-family home offers the perfect combination of cash flow, convenience, and long-term potential. The property features: Unit 1: 3 bedrooms, 1 full bathroom, kitchen, living-room. Unit 2: 2 bedrooms, 1 full bathroom, office area, kitchen and living-room. Unit 3: 1 bedrooms, 1 full bathroom, cozy kitchen and living-room. Basement offers great storage space. Outside, enjoy a large backyard with endless possibilities-perfect for grilling, entertaining, or creating a relaxing outdoor retreat. Location is everything, and this property delivers. Conveniently situated just a short walk from the Metro-North Railroad, Montefiore Hospital, commuters can reach Midtown Manhattan in under 30 minutes, making this an ideal rental location. Residents also enjoy easy access to shopping, restaurants, parks, and all the conveniences of city living with a suburban feel. As New Rochelle continues experiencing tremendous growth and development, this property presents not only a strong current income stream but also exciting future upside potential. Other features: New roof, natural gas meter (3), electric meters (3), huge storage area in the basement. washer/dryer hood ups and much more !!!
| MLS # | 1001625 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1906 |
| Days On Site | 169 |
| Listing Provided By | Keller Williams Realty Partner | Maria S. Vele |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,500 |
| Basement | Y |
| Units | 3 |
| Acreage | 0.08 |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Interior Features | First Floor Bedroom, First Floor Full Bath, Master Downstairs, Storage |
| Construction Materials | Frame |
|---|---|
| Lot Features | Back Yard, Level, Near School |
| Garage Yes / No | No |
|---|---|
| Parking Features | On Street |
| Utilities | Natural Gas Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 9450 |
| Tax Annual Amount | 14198 |
| State | NY |
|---|---|
| County | Westchester County |
| City | New Rochelle |
| Zip Code | 10801 |
| School District | New Rochelle High School |
| Elementary School | Columbus |
| High School | New Rochelle High School |
| Listing VS Median (in 10801) | |
Price: $785,000 low | high Med: $449,500 sqft: 2,500 low | high Med: 1,230 $ / sqft: $314 low | high Med: $404 On site: 169 low | high Med: 145 | |
| State | NY |
|---|---|
| County | Westchester County |
| City | New Rochelle |
| Zip Code | 10801 |
| School District | New Rochelle High School |
| Elementary School | Columbus |
| High School | New Rochelle High School |
| Listing VS Median (in 10801) | |
Price: $785,000 low | high Med: $449,500 sqft: 2,500 low | high Med: 1,230 $ / sqft: $314 low | high Med: $404 On site: 169 low | high Med: 145 | |